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- OpenAI Chief Scientist Resigns, Inflation Eases and Libertarians Want to Buy TikTok
OpenAI Chief Scientist Resigns, Inflation Eases and Libertarians Want to Buy TikTok
Anna Eisenberg
May 15, 2024
Anna's Daybreak News
Thursday, 5:18 AM
May 16, 2024
Good morning news friend! Embark on a quest through the tumultuous seas of news, ensuring you're always anchored to the shifting tides of global events. 📰🌟
OpenAI's Chief Scientist Resigns
Ilya Sutskever, a co-founder of OpenAI and its Chief Scientist decided to leave OpenAI. Sam Altman (CEO) made the announcement through a blog post.
Sutskever is attributed as being directly responsible for the success of ChatGPT's artificial brain. He will start a new project, but details are unclear.
Sutskever mentioned he believes OpenAI will achieve safe and beneficial artificial general intelligence (AGI).
Meanwhile, Jakub Pachocki will replace Sutskever as the chief scientist at OpenAI.
Source: Read More
Ilya Sutskever, a co-founder of OpenAI and its Chief Scientist decided to leave OpenAI. Sam Altman (CEO) made the announcement through a blog post.
Sutskever is attributed as being directly responsible for the success of ChatGPT's artificial brain. He will start a new project, but details are unclear.
Sutskever mentioned he believes OpenAI will achieve safe and beneficial artificial general intelligence (AGI).
Meanwhile, Jakub Pachocki will replace Sutskever as the chief scientist at OpenAI.
Source: Read More
Inflation Eases as Consumer Spending Slows
Consumer prices increased by 0.3% in April, marking a slowdown in inflation for the first time in six months. The annual CPI rise eased to 3.4%, driven mainly by increased shelter and gasoline costs.
Retail sales remained flat in April, signaling reduced domestic demand. Both food and new car prices dropped, while rents and health care became pricier.
Economists predict inflation will decline toward the Fed's 2% target, especially as the labor market cools. The market now sees a 73% chance of a rate cut in September, up from 69% prior.
Source: Read More
Consumer prices increased by 0.3% in April, marking a slowdown in inflation for the first time in six months. The annual CPI rise eased to 3.4%, driven mainly by increased shelter and gasoline costs.
Retail sales remained flat in April, signaling reduced domestic demand. Both food and new car prices dropped, while rents and health care became pricier.
Economists predict inflation will decline toward the Fed's 2% target, especially as the labor market cools. The market now sees a 73% chance of a rate cut in September, up from 69% prior.
Source: Read More
Do you think the US will be able to avoid a recession? |
MIT $25 Million Crypto Heist
On Wednesday, authorities arrested Anton and James Peraire-Bueno. The brothers, former MIT students, face charges for a $25 million crypto theft. They allegedly manipulated Ethereum blockchain protocols.
The brothers exploited a software vulnerability in MEV-boost. They accessed and altered pending transactions, executing the heist in just 12 seconds.
After the theft, they refused to return the funds. Instead, they attempted to launder and hide the stolen crypto.
The indictment includes conspiracy to commit wire fraud and money laundering. Anton was arrested in Boston and James in New York.
Source: Read More
On Wednesday, authorities arrested Anton and James Peraire-Bueno. The brothers, former MIT students, face charges for a $25 million crypto theft. They allegedly manipulated Ethereum blockchain protocols.
The brothers exploited a software vulnerability in MEV-boost. They accessed and altered pending transactions, executing the heist in just 12 seconds.
After the theft, they refused to return the funds. Instead, they attempted to launder and hide the stolen crypto.
The indictment includes conspiracy to commit wire fraud and money laundering. Anton was arrested in Boston and James in New York.
Source: Read More
Libertarian Bid for TikTok
Billionaire Frank McCourt wants to buy TikTok's U.S. operations. He plans to restructure the platform through Project Liberty, which fights for user data ownership.
McCourt criticizes tech giants like ByteDance and aims to give users control over their digital identities.
McCourt has teamed up with Guggenheim Securities for the bid. He hopes to transition TikTok to an open-source protocol for transparency.
However, ByteDance, TikTok's parent company, doesn't plan to sell, and the Chinese government is unlikely to approve a sale.
Source: Read More
Billionaire Frank McCourt wants to buy TikTok's U.S. operations. He plans to restructure the platform through Project Liberty, which fights for user data ownership.
McCourt criticizes tech giants like ByteDance and aims to give users control over their digital identities.
McCourt has teamed up with Guggenheim Securities for the bid. He hopes to transition TikTok to an open-source protocol for transparency.
However, ByteDance, TikTok's parent company, doesn't plan to sell, and the Chinese government is unlikely to approve a sale.
Source: Read More
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Elliot is a mental health AI coach.
Are you Emotionally Fit? Take this test online. It has 14 questions, takes 2 minutes to fill and the results are immediate. And it's free!
You can also see if you are above or below average in your Emotional Fitness, I scored better than 67% of the population!
Take the test here.
Baked with love,
Anna Eisenberg ❤️
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